In 2017, Jorge welcomed me to the headquarters of Costa Rica’s underground water agency. His supervisor had asked him to show me “the model” at work. After many years of fieldwork on water issues, I had already been introduced to many models: the mathematical model to calculate extraction rates, two different pieces of software that model aquifer flow, the regulatory model Costa Rica’s agency follows, and sponges as a preferred … [more…]
This article was first published on December 21, 2012, by Market Oracle and Global Research
A disturbing trend in the water sector is accelerating worldwide. The new “water barons” — the Wall Street banks and elitist multibillionaires — are buying up water all over the world at unprecedented pace.
Familiar mega-banks and investing powerhouses such as Goldman Sachs, JP Morgan Chase, Citigroup, UBS, Deutsche Bank, Credit Suisse, Macquarie Bank, Barclays … [more…]
A strange thing happens during particularly wet winters in California: farmers flood their fields. Never mind that crops are dormant and soil is already saturated — these farmers are more concerned about what lies beneath their land. Aquifers … [more…]
WINTHROP, Okanogan County — Follow the water and you’ll find the money.
That’s how it often works in the dusty rural corners of Washington, where a Wall Street-backed firm is staking an ambitious venture … [more…]